How Long Does It Take to Buy a Home?
Under normal market conditions, the average time to complete the sale of a home is 30 to 45 days. Nevertheless, well-prepared homebuyers are able to purchase properties faster than the average.
Tellus TIP:
Market conditions are influential on how fast homes are sold. In hot markets with a lot of sales activity, buying a home may take a little longer than normal. This is due to different parties getting behind when business suddenly picks up.
- How Can You Effectively Get Information From the Current Owner?
- Should You Arrange a Professional Inspection Before Buying a Property?
- What Should You Do When Buying a Currently Occupied Rental?
- Should You Buy a Foreclosed Property?
- Should You Buy a Single-Family Home, Duplex, Triplex, Fourplex, or a Condo?
- What Are the Benefits of Co-Owning a Rental?
- What Are the Disadvantages of Having a Co-Owner?